Dena Bank reduces interest rates on home loans

Mumbai, Oct. 5 (PTI): Public sector lender Dena Bank today reduced its interest rates by 0.50 per cent on fresh housing loans in both the fixed and floating interest rates categories.

The reduced rate will be applicable on fresh housing loans sanctioned from October 10 till December 31, 2007, the bank said in a statement today.
In the floating rate category, the new interest rates range from 9.25 per cent to 10.50 per cent while in the fixed rate category, they range from 9.75 per cent to 11 per cent depending on the loan amount and tenure, the bank said.

Source:
http://www.hindu.com/thehindu/holnus/484200710052022.htm